2/10/2001 @ Old School Skate Jam 2001. Since her skating days with the Z-Boys, Peggy Oki went on to UC Santa Barbara to study environmental biology, eventually receiving her Bachelor of Arts in Painting at The College of Creative Studies (UCSB). (She got around campus, primarily by skateboard.).
DEFINITION of 'Incorporation'. The process of legally declaring a corporate entity as separate from its owners. Incorporation has many advantages for a business and its owners, including: 1) Protects the owner's assets against the company's liabilities. 2) Allows for easy transfer of ownership to another party. 3) Achieves a lower tax rate than on personal income.
Incorporation is the process by which a corporation is recognized as a separate legal entity under state law. To incorporate, the founders must draft articles of incorporation and file those with the relevant state agency â often the commerce department or Secretary of State â and pay any required filing fees.inally, the choice of where to incorporate will determine the amount of state taxes paid by the corporation, and state tax rates vary greatly. The state of incorporation is the domicile of the corporation.